West Woombye

POSTAL CODE: QLD, 4559

HOUSE

WEST WOOMBYE, 4559 ranks 211th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 27.23% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,425,000.

The upward trend in home prices in WEST WOOMBYE, 4559 averaged 9.85% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in WEST WOOMBYE.

An average of 1.42 real estate transactions take place per month in WEST WOOMBYE which translates to 17 per annum.

17 properties were sold in WEST WOOMBYE in 2016, making it the 705th most active market in QLD based on total real estate transactions.

WEST WOOMBYE, 4559 places 938th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,425,000	N/A
Growth Report
Median Quarterly	-10.94%	N/A
Median 12 month	27.23%	N/A
Median 3 years	29.55%	N/A
Median 5 years	81.53%	N/A
10 years average annual	10.62%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	89.5 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 809

Weekly Household Income 1135

Household Size 2.90

Average Age 40

Monthly Loan Repayment 1300

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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